The Detroit Institute of Artsbenefits
Detroit Institute of Arts Health & Welfare Plan · DETROIT, MI · plan year 2024
The Detroit Institute of Arts's benefits plans covered 284 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance premiums totaled $3,127,252. Insurance brokers and agents were paid $118,293 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.8% of premiums. That is $417 per covered person, above the median for employer plans that report broker pay. Broker pay rose 29% from $91,652 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 381359510 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.